Goldman: Luxury to Grow 8.5% Annually to $1T

Bloomberg's European markets editor Manus Cranny talks about the luxury-goods industry and discusses a report by Goldman Sachs that says the industry will grow 8.5% annually to $1 trillion by 2025.

Shell Misses Earnings Estimates by More Than $1 Billion
01:45 - Royal Dutch Shell missed earnings estimates by more than $1 billion as the oil producer suffered its worst quarterly earnings in 11 years. Bloomberg's Will Kennedy examines results from Shell and other European oil producers on "Bloomberg Markets." (Source: Bloomberg)
  • Credit Suisse Offers Banks Hope Ahead of Stress Tests
  • Bloomberg Brief Weekly Video 07/28
  • European Stocks Pull Back, End Four Days of Gains